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Flare has recorded a roughly 34% increase in staked FLR since July, taking the total to 21.5 billion tokens as its revised economic model cuts inflation and ties more network activity to token burns and protocol revenue. Flare staking has…
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OpenReserve received preliminary OCC approval for an insured national bank but must raise $210 million and meet preopening requirements.
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Term Labs has recovered all fixed-rate loan positions held in vaults affected by its August governance exploit, with the final position moved on Aug. 25 as Meta Vaults and affected strategies remain shut down. Term Labs said in its latest…
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YAM Finance has faced a governance takeover attempt after an attacker accumulated enough delegated YAM voting power to submit a proposal that could hand over control of the protocol’s Timelock and put roughly $337,000 at risk. Defimon, the on-chain monitoring…
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Solana’s proposal to double its annual disinflation rate has cleared a governance vote with 67% support, placing the network on course to reduce projected SOL issuance by 18.9 million tokens over six years. Solana inflation proposal narrowly clears required vote…
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Term Finance has permanently closed its Meta Vaults and removed their DAO governance powers after an attacker drained an estimated $8.5 million in ETH and stablecoins. Term Finance permanently blocks Meta Vault deposits Term Labs said in an Aug. 23…
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An attacker bought a controlling stake in a DAO governance token for less than $1,000, passed malicious proposals, and drained $8.5 million from strategy vaults. The exploit exposes a vulnerability that most DeFi protocols have not patched. The math is…
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Solana validators are voting on a network constitution, faster disinflation and transaction fee reforms through Thursday.
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Binance says it helped stop a malicious DAO proposal that threatened $1.2 million in treasury tokens, with no funds reportedly lost.
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ENS DAO has approved and executed a governance proposal that turns the ENS Foundation into a full-time operating body with a five-seat board, a professional staff, and control over a roughly $65 million endowment. ENS Foundation takes over daily operations…
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Lido DAO price rebounded more than 5% on Thursday as holders voted on the NEST automated buyback system, although concerns over Ethereum’s proposed staking changes kept LDO under pressure. Lido DAO price rebounds after 16% weekly decline According to data…
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In April 2024, a single on-chain vote moved $165 million from Uniswap’s treasury into a two-year grants program. No CEO signed off. No board convened. A collection of token holders, pseudonymous and scattered across every time zone, debated the proposal…
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A venue clearing more than $200 billion a month, holding roughly 70% of on-chain perpetuals volume, is secured by 27 validators. Its foundation ran every one of them at launch. Both the critics and the defenders are working from stale…
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Jito has proposed a governance overhaul that would direct 100% of the DAO’s JTX revenue share toward open-market JTO buybacks and permanent token burns through at least Q4 2027. According to a governance proposal published by Jito on July 13,…
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Vitalik Buterin has called on Elon Musk to reshape X into a platform where ordinary users can help coordinate global AI governance instead of leaving key decisions to governments and large institutions. According to a July 11 thread published by…
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American CryptoFed has urged the U.S. Securities and Exchange Commission to recognize its Locke governance token registration ahead of an Aug. 17 deadline that the organization says should take effect automatically under federal securities law. According to a memorandum published…